Regeneron Pharmaceuticals (REGN) Operating Margin (2009 - 2026)
Regeneron Pharmaceuticals (REGN) posted quarterly Operating Margin of 30.15% for Q2 2026, up 78.0% year-over-year from 16.94% in Q2 2025, and up 69.06% quarter-over-quarter from 17.83% in Q1 2026.
Analysis
Regeneron Pharmaceuticals (REGN) Operating Margin (2009 - 2026) Analysis & Trends
Regeneron Pharmaceuticals' Operating Margin history runs 18 years deep, the most recent figure standing at 30.15% for Q2 2026.
- In Q2 2026, Operating Margin rose 78.0% year-over-year to 30.15%; the TTM figure through Jun 2026 stood at 24.74% (down 228.0% YoY), while the FY2025 annual figure was 24.95%, down 315.0% from the prior year.
- Operating Margin for Q2 2026 stood at 30.15%, up from 17.83% in the prior quarter.
- The five-year high for Operating Margin was 2517.0% in Q1 2022, with the low at 17.83% in Q1 2026.
- The 5-year median for Operating Margin is 30.04% (2023), against an average of 229.25%.
- The sharpest annual moves came in 2022 and 2023: Operating Margin soared 247300 bps in 2022, then plunged 248706 bps in 2023.
- Regeneron Pharmaceuticals' Operating Margin stood at 1146.8% in 2022, then tumbled by 98 bps to 28.33% in 2023, then decreased by 8 bps to 26.13% in 2024, then retreated by 13 bps to 22.65% in 2025, then surged by 33 bps to 30.15% in 2026.
- Business Quant data shows REGN's Operating Margin at 30.15% in Q2 2026, 17.83% in Q1 2026, and 22.65% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.92 Bn | 131.07 Bn | 2.84 Bn | 37.40% |
| 2 | Regeneron Pharmaceuticals | 85.55 Bn | 77.56 Bn | 3.93 Bn | 30.15% |
| 3 | Argenx Se | 63.55 Bn | 58.37 Bn | 1.37 Bn | 32.54% |
| 4 | Moderna | 58.26 Bn | 53.13 Bn | 52.00 Mn | -562.07% |
| 5 | Revolution Medicines | 44.08 Bn | 44.08 Bn | - | - |
| 6 | BeOne Medicines | 39.98 Bn | 34.89 Bn | 1.53 Bn | 19.06% |
| 7 | Alnylam Pharmaceuticals | 35.32 Bn | 32.01 Bn | 992.69 Mn | 17.93% |
| 8 | Royalty Pharma | 28.42 Bn | 27.59 Bn | - | 19.75% |
| 9 | Insmed | 27.41 Bn | 26.25 Bn | 358.27 Mn | -0.36% |
| 10 | Incyte | 25.64 Bn | 21.11 Bn | 1.57 Bn | 41.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.15% |
| Mar 31, 2026 | 17.83% |
| Dec 31, 2025 | 22.65% |
| Sep 30, 2025 | 27.35% |
| Jun 30, 2025 | 29.37% |
| Mar 31, 2025 | 19.54% |
| Dec 31, 2024 | 26.13% |
| Sep 30, 2024 | 31.70% |
| Jun 30, 2024 | 30.15% |
| Mar 31, 2024 | 23.89% |
| Dec 31, 2023 | 28.33% |
| Sep 30, 2023 | 33.04% |
| Jun 30, 2023 | 32.19% |
| Mar 31, 2023 | 29.94% |
| Dec 31, 2022 | 1,146.80% |
| Sep 30, 2022 | 41.68% |
| Jun 30, 2022 | 38.85% |
| Mar 31, 2022 | 42.44% |
| Dec 31, 2021 | 53.31% |
| Sep 30, 2021 | 53.50% |